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Author: Hyperborea Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5056  
Subject: Re: Nest Egg Principle Date: 6/4/2004 3:05 PM
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What's scary is that they say they 'intend' to have medical insurance, which would seem to imply that they didn't have it at the time of the interview.

This is the same option that the Terhorst's (Retire at 35 book - http://www.geocities.com/TheTropics/Shores/5315/index.html ) use. The plan as I understand it is to use medical services in cheaper locations that have good medical facilities (Thailand, Singapore, parts of Europe, etc.). Perhaps not as good as the best available in the US but as good as the average US resident will be able to use and better than the non-insured in the US.

Personally, I'm planning something in between. My wife and I will get high deductible insurance that will cover the really big stuff ($2K-$5K deductible for about $2K / year for two adults in their 40's/50's) but we will use the medical services in non-US locations for the routine and small stuff that we will pay for.

I would guess they're back at work now, but I'm sure they had a great 8 years!

They are apparently still retired and he posts occasionally on Dory36's board - www.early-retirement.org

Hyperborea
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